- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
KBL	468,300	120,082,000	16	118
KF	233,600	41,416,000	4	117
NRSP	399,900	70,157,000	3	118
ASA	230,400	29,637,000	3	118
TMFB	221,200	85,449,000	7	118
FMFB	163,544	38,481,323	9	136
TRDP	100,000	13,817,000	3	118
PRSP	75,656	9,907,176	3	136
BRAC^P	57,300	11,869,000	3	118
SRSO	51,100	7,775,000	3	118
SSF	46,000	4,776,000	3	118
FINCA	82,000	43,559,000	9	118
JWS	36,000	6,545,000	2	118
RCDS	35,552	4,856,122	4	136
DAMEN	35,185	7,150,864	1	136
FFO	22,400	3,335,000	3	118
OLP	21,400	3,510,000	3	118
CSC	17,600	3,147,000	1	118
AMRDO	13,800	1,206,000	5	118
WMBL	13,800	6,105,000	3	118
Mojaz	13,400	2,415,000	2	118
SDF	11,500	1,041,000	4	118
POMFB	8,500	2,795,000	4	118
OPD	7,500	918,000	2	118
AGAHE	7,300	797,000	2	118
NRDP	6,184	1,521,972	3	136
GBTI	6,100	669,000	3	136
WASIL	4,300	1,135,000	2	118
Micro Options	4,000	768,000	5	118
VDO	3,900	489,000	3	136
SVDP	3,900	811,000	13	136
SRDO	3,500	766,000	4	118
OSDI	2,000	923,000	3	118
APMBL	1,800	1,401,000	3	118
BEDF	1,400	209,000	3	136
KCDO	800	94,000	1	136

Please note that the information you are viewing is 162 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Katipunan Bank (ZN), Inc Quezon Ave. cor. Aguilar St.MiputakDipolog City, Zamboanga del Norte/Region IX7100

Data approved: 2011-11-15

Data version: 1

Age of data: 162 months

Download Data

Analyze Data

Product

ASENSO Loan Product 1 of 2 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (PHP)	PHP 75,062,850
Portfolio (USD)	USD 1,795,761.96
Active Clients with Loans	5,719
Approximate % Female Clients	60% - 80%
Approximate % Urban Clients	40% - 60%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other	MABS Approach

Description

An Asenso Loan is an microfinance loan product for microenterprises to help them expand their present business activities and increase their income.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education
Group meetings
Credit insurance
Workplace visits
Business training	x
Other training	x
Other	Tie-up with other agencies (DTI, TESDA) for trainings
Other (2)
No other services

Eligibility

Men	x
Women	x
Must run a business	x
Must own a home or land
Must be a salaried worker
Must be specific age group	x
Other	18-65 years old
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	PHP
Minimum loan size	PHP 10,000
Maximum loan size	150,000

Loan Term and Grace Period

Shortest loan term	1.0 month
Longest loan term	12.0 months
Approx average	0

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly	x
Every 2 weeks	x
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	2.50%
Highest quoted nominal interest	2.50%
Interest rate period	Monthly
Interest Rate Calculation Method	Flat
Subsidized by funder request?
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Notarial Fee
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	100
Fixed amount - max	100
Reason for variation
Appears on Repayment Sched?	No

Ongoing Fees

	Fee 1
Description	Service Charge
% of loan amount - min	3.00%
% of loan amount - max	4.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	4% if above 18 days
Appears on Repayment Sched?	No

Upfront Insurance Fees

	Ins 1
Description	Loan Redemption Plan
% of loan amount - min	1.50%
% of loan amount - max	1.50%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Insurance Fees

	Ins 1
Description	MBA (Microinsurance)
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	20
Fixed amount - max	20
Reason for variation	N/A
Appears on Repayment Sched?	Yes

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

% loan amount deposited	0
or, Fixed-amount deposited	PHP 100

Deposits DURING period payments

% loan amount deposited	10.00%
or, Fixed-amount deposited	0
Conditions on access to deposit	Access During

Interest Paid on Deposit

Minimum interest rate paid	3.00%
Maximum interest rate paid	3.00%
Interest payment frequency	Quarterly

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Additional Comments

Credit Insurance is 1.5% per annum; TAXES: Documentary Stamps - Above 5, only - ( less 5,)/2;

Full Pricing Data

ASENSO Loan samples

	Sample 1	Sample 2	Sample 3	Sample 4	Sample 5
Loan Amount	PHP 15,000	PHP 30,000	PHP 60,000	PHP 100,000	PHP 120,000
Loan Cycle (1, 2, 3, etc)	4	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2011-04-20	2010-11-30	2011-07-06	2011-01-20	2010-12-15
Loan Term (Months)	5.6 months	8.4 months	11.2 months	4.7 months	11.2 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	74.4%	71.0%	66.3%	68.4%	66.1%
Insurance Component	18.9%	10.7%	6.5%	9.0%	5.1%
Tax Component	0.0%	0.0%	0.2%	1.2%	0.7%
Deposit Component	10.2%	8.6%	7.5%	7.0%	7.3%
Full APR (int fee ins tax dep)	103.5%	90.3%	80.5%	85.6%	79.2%
Transparency Index	29	33	37	35	38

Original Repayment Schedule	PDF	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF	PDF

ASENSO Loan Price Graphs

Loan Size/

Loan Term/

Custom

Click to view Price Analysis Tool

Key Statistics
# Samples:
# Products
# Institutions
# Countries
# Borrowers
Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
Min
Max
Std Dev

By Inst Type


By Country

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
	to
	to
	to ∞